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37 contested Indiana House races prelude to November

May 4, 2010

Voters will nominate candidates in more than 30 Indiana House primary races Tuesday, completing matchups for November’s general
election that will determine control of the narrowly divided chamber.

Indiana voters choose from 5 seeking GOP Senate nod

May 4, 2010

Indiana Republican voters will decide Tuesday which of five U.S. Senate candidates will represent the party in its fight to
take the seat being vacated by Democrat Evan Bayh.

Simon Property steps up fight for General Growth

May 4, 2010

The latest proposal is the Indianapolis-based company’s third attempt to buy or gain a piece of the No. 2 mall owner.

Construction

May 3, 2010

-Kort Builders has finished a 4,000-square-foot retail space for Ossip Optometry at 6375 S. Emerson Ave.

-Kort Builders has finished a 5,000-square-foot retail space for Reis Nichols at 789 U.S. 31 North, Greenwood.

Housing

May 3, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.9 percent for the week ended April 23, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.08 percent from 5.04 percent the previous week.  The rate for 15-year mortgages increased to 4.38 percent from 4.34 percent.

Subaru adding production at Lafayette plant

May 3, 2010

Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.

Leasing/leasing contracts

May 3, 2010

-K&G Menswear leased 39,963 square feet at Castleton Crossing, 5410 E 82nd St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley.

-Advanced Control Technologies Inc. subleased 11,820 square feet at Hillsdale TechneCenter, Building 3, 6805 Hillsdale Court. The subtenant was represented by Aasif Bade of Ambrose Property Group. The sublandlord, Reliable Water Services LLC, was represented by Don Ballard and Stan Elser of Grubb & Ellis Harding Dahm & Co.

-is.group leased 7,677 square feet at Parkwood One, 250 E. 96th St. The tenant was represented by Jon Jessup and Jeff Merritt of Summit Realty Group. The landlord, Duke Realty, represented itself.

-Shoe Trend leased 6,000 square feet at Keystone Plaza, 2335 E. 53rd St. The landlord, Keystone Plaza Associates, was represented by Larry Davis and Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Center for Diagnostic Imaging/CDI Radiology leased 4,283 square feet of medical office space at Gables of Avon, 9819 E. US 36, Avon. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Gables of Avon LLC, represented itself.

-Who North America Inc. leased 4,000 square feet at 2040 S. Lynhurst Drive.  The tenant was represented by Ryan Kelly of Summit Realty Group. The landlord, ProLogis, was represented by Chris Black of CB Richard Ellis.
 
-Kforce leased 3,743 square feet at Pan Am Plaza, 201 S. Capitol Ave., Suite 1200. The tenant was represented by Katie Gray and Bill Ehret of Summit Realty Group.  The landlord, Coastal Partners, represented itself.
 
-First American Title Insurance leased 2,376 square feet of office space at 20 Executive Drive, Carmel. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Century 21, represented itself.

-American Family Dental Group-Bloomington LLC leased 2,296 square feet at 10435 Commerce Drive, Carmel. The tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.  The landlord, West Carmel I LLC, was represented by Matt Moore of Resource Commercial Real Estate Services.

-20/20 Eye Physicians leased 2,095 square feet of medical office space at the Clarian Health Center at 4880 Century Plaza. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Clarian Health Partners Inc., was represented by Tim Craft of CB Richard Ellis.

Correction

May 3, 2010

The landlord was misidentified in three Keystone Crossing leases reported last week. The landlord, represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle, is BPG Properties Ltd.

Mass Ave project on verge of approval

May 3, 2010

The addition of an underground parking garage is likely to get Trail Side off the drawing board and under construction.

General Growth backs new Brookfield plan over Simon offer, source says

May 3, 2010

General Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over
a competing offer by Simon Property Group Inc.

Inmate dies at Hamilton County jail

May 3, 2010

An inmate at the Hamilton County jail died from alcohol-related withdrawal symptoms Sunday night, according to investigators.
Curtis Tschohl, 38, of Fishers, was found unresponsive in his cell. Officers said they tried to revive him, but he died at
the hospital a short time later. Tschohl was arrested last month for driving while intoxicated.

HardingPoorman acquires Saint Clair Press

May 3, 2010

The deal brings together two of the Indianapolis-area’s largest commercial printers.

Man killed at northwest-side gas station

May 3, 2010

Police are searching for the person or persons who shot and killed a man outside a crowded Shell gas station in Indianapolis
on Sunday afternoon. Officers haven't said whether or not they have any suspects in custody for the killing of 22-year-old
Keith Martin-McGhee, but they were looking for two men immediately after the shooting, which took place near West 71st Street
and Michigan Road.

Hard times might make workers feel better about employers

May 3, 2010

Any bounce could be temporary, an expert cautions.

Renters attacked in Castleton apartment

May 3, 2010

Police are looking for two armed men who broke into a unit at Lakeshore Apartments in Castleton early this morning, then took
off with two other men in a maroon Ford Expedition. Police say men wearing black hoodies and carrying handguns broke into
the apartment at about 12:30 a.m. and ordered about five people there to the floor. One of the suspects hit a man in the head
with a gun. The intruders left in a panic after the break-in and nothing was stolen, police say. Fox59 will have more at 4
p.m.

Starbucks closing at Conseco Fieldhouse

May 3, 2010

Starbucks plans to close its coffee shop in Conseco Fieldhouse later this month after it failed to come to terms on a lease
renewal.

Vontoo CEO to receive TechPoint Trailblazer Award

May 3, 2010

Robert Compton will receive the honor for his contributions to the state’s high-tech sector at the Mira Awards program May
15.

500 Fest, Shooter McGavin, etc.

May 3, 2010

It’s not always the biggest names that get the loudest applause on race day.

Several school districts seek passage of referendums

May 3, 2010

Administrators are asking for millions of dollars of additional money to prevent teacher cuts and to support school building
projects.

Biglari Holdings targets auto-parts chain

May 3, 2010

The parent company of Steak n Shake restaurants is angling to acquire a huge stake in the Advance Auto Parts chain.

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